Thu. Apr 18th, 2024
Brazil Two-wheeler Tire Market

Brazil Two-wheeler Tire Market Insights Report Overview

Dive into the latest insights on the Brazil Two-wheeler Tire Market with our comprehensive report, accurately curated by the experts at MarkNtel Advisors. Our report offers a thorough examination of the landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.

Report’s Study Period:

  • Historical Period: 2018-21
  • Base Year: 2022
  • Forecasting Period: 2023-28

We accurately gather data from primary and secondary sources, capturing the industry’s historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry’s trajectory into the future.

In case you missed it, we are currently revising our reports. Click on the “request Sample report” button to get the latest research data with forecast for the years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Industry Driving Factor:

Volatile Prices of Raw Materials to Hinder the Growth of the Market – Petroleum reinforcing materials such as nylon, polyester, and rubber, among others, are the key raw materials used for manufacturing tires that witnessed price fluctuations during the COVID-19 pandemic, which hindered the growth of the tire market in Brazil. This is because Brazil generally imports raw materials for tire manufacturing from Asia-Pacific countries such as India, China, and Indonesia, among other regions. Therefore, any changes in raw material pricing in these countries increase the final manufacturing price of tires in Brazil. Due to this, the increase in the production of tires in the country would raise the cost of the final output as well. Hence, this poses a challenge for the local manufacturers involved in tire manufacturing for two-wheelers.

Segmentation Summary: Brazil Two-wheeler Tire Market

Our report delves into the intricate segmentation of the Brazil Two-wheeler Tire Market, providing insights into each subdivision’s trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.

-By Type of Tire

  • Bias
  • Radial

Of them all, Bias tire gained a considerable share in the Brazil Two-wheeler Tire market in the historical years & the trend is expected to continue during the forecast period. Some crucial factors responsible for the market growth are higher load-bearing capacity & affordability of bias tires, which goes hand in hand with the income groups of the nation & are some of the reasons that enormously supported the sales of bias tires.

In addition, the heightening use of motorbikes by farmers to carry agricultural goods for sales in the domestic market & growing penetration of e-commerce & ride-sharing platforms to support the emerging mobility & service needs of the residents have increased the demand for bias tires notably.

-By Type of Two Wheeler

  • Scooter & Moped
  • Motorcycle

-By Engine Power

  • Up to 50 CC
  • 51 to 160 CC
  • 161 to 300 CC
  • 301 to 449 CC
  • Above 450 CC
  • Electric

-By Tire Size

  • Front
  • Rear

-By Demand Type

  • OEM
  • Replacement

-By Sales Channel

  • Online
  • Multi-brand Stores
  • Exclusive Outlets

-By Best Selling 2W Models

  • Honda CG 160
  • Honda BIZ
  • Honda Pop 110I
  • Honda NXR 160
  • Yamaha Crosser 150
  • Others (Honda XRE 300, Yamaha NMAX, etc.)

-By Geography

  • Urban
  • Rural

Read Full Report -  https://www.marknteladvisors.com/research-library/brazil-two-wheeler-tire-market.html

Leading Competitor: Brazil Two-wheeler Tire Market

  • Michelin
  • Bridgestone
  • Pirelli
  • Maggion Industrias de Pneus e Máquinas LTDA.
  • Borilli
  • Rinaldi
  • Pneus Technic

Geographical Reach:

The Brazil Two-wheeler Tire Industry spans across various, each characterized by unique cultural, regulatory, and economic factors. Our geographical analysis provides a comprehensive overview and forecast, considering these differences and assessing market players’ presence, consumer preferences, and more.

-By State

  • North
  • Northeast
  • Southeast
  • South
  • Center-West

For inquiries or further discussions, connect with our analyst today to unlock the full potential of the Brazil Two-wheeler Tire Industry.

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Key Focus Areas:

  • What are the primary drivers and trends influencing the Brazil Two-wheeler Tire Industry’s growth, and how is the market structured?
  • How are segments within the Brazil Two-wheeler Tire Industry defined, and what is the size of each segment?
  • Which segments and geographical present the most promising growth opportunities?
  • What does the competitive landscape look like, and how do key players position themselves within the market?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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